The deployment will enhance Airtel core capability and capacity for FWA, thereby elevating customer experience for Airtel FWA user | Photo Credit: ADNAN ABIDI Bharti Airtel and Ericsson on Wednesday announced a new agreement to support the telco’s rollout of Fixed Wireless Access (FWA) services in India with core network portfolio, deepening a long-standing partnership … Read more
The CBI has extradited alleged economic offender Monika Kapoor from the US, ending her 25-year evasion in a fraud case involving duty-free jewellery imports. | Photo Credit: Ravi Choudhary/PTI The CBI is bringing back alleged economic offender Monika Kapoor from USA after her extradition, ending her more than 25-year run from the law, officials said … Read more
AMFI (Association of Mutual Funds in India) reclassifies stocks by market capitalisation biannually, in January and July. Large-cap comprises the top 100 companies by full market capitalisation, mid-cap covers the 101st to 250th positions, and small-cap includes stocks ranked 251st onwards. Following this reclassification, mutual funds are required to adjust their portfolios within one month … Read more
With stronger balance sheets, fiscal stability and liquidity measures from the RBI, the growth should recover leading to double-digit earnings growth over the next two-three years, said Meeta Shetty, Fund Manager, Tata Asset Management, in a conversation with businessline. “We might experience sideways movement in the near term, the structural factors supporting the economy make … Read more
Focus on jar, Man from behind placing coins inside the jar – Concept of monthly SIP or systematic investment plan. | Photo Credit: lakshmiprasad S Shantabai More, a housemaid, was happy when her employer opened two SIPs of ₹250 each as an incentive. However, she was concerned seeing her savings swinging from profit to loss … Read more
TRB Rajaa, TN Industries Minister with Unsoo Kim, MD, Hyundai Motor India Ltd and V. Kamakoti, Director, IIT Madras at the unveiling ceremony of Hyundai HTWO Innovation Centre at Discovery – IIT Madras Satellite Campus, Thaiyur in Chennai. | Photo Credit: Bijoy Ghosh Government, academia, and industry have united in a bid to help solve … Read more
Oil fell for the third time in four days as investors focused on the impact from a wave of US trade levies and a decision by OPEC+ to restore more of the group’s idled capacity. Global benchmark Brent dropped toward $69 a barrel, while West Texas Intermediate was below $68. US President Donald Trump unveiled … Read more
Net losses by individual traders in the equity derivatives market rose 41 per cent on year in FY25, but the measures taken by SEBI towards the end of 2024 to curb hyperactivity by retail traders in derivatives seem to have paid off with their numbers dropping by a fifth sequentially in the March quarter. Towards … Read more
Lubes maker Castrol India on Monday announced the appointment of Mrinalini Srinivasan as its Chief Financial Officer. Srinivasan, whose appointment to the post is effective from July 28, succeeds Deepesh Baxi, who moved on from the role in March 2025 to pursue other opportunities, the company said in a statement. In her current role, Srinivasan … Read more
The centrality of Russian barrels supported by Middle Eastern flows during June reinforces India’s price-sensitive and flexible crude oil sourcing strategy with refining economics and margins driving procurement decisions. According to the latest trade numbers from global real-time data and analytics provider Kpler, India’s crude oil imports last month stood at around 4.8 million barrels … Read more